Archives|ROSOFF BUS TERMS ACCEPTED BY CITY; Deal on East Side Line Closed With $184,000 Settlement of Old Traction Taxes. $200,000 BOND DECLINED Contractor Offers Security as Proof of Readiness to Fulfill Contract. SERVICE BY MAY LIKELY Ride From Harlem to Battery for 5 Cents on Motorized Second Avenue Routes Promised.

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ROSOFF BUS TERMS ACCEPTED BY CITY; Deal on East Side Line Closed With $184,000 Settlement of Old Traction Taxes. $200,000 BOND DECLINED Contractor Offers Security as Proof of Readiness to Fulfill Contract. SERVICE BY MAY LIKELY Ride From Harlem to Battery for 5 Cents on Motorized Second Avenue Routes Promised.

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On recommendation of Deputy Controller Frank J. Prial, the Board of Estimate accepted yesterday the offer of the East Side Omnibus Corporation, to which it voted a 25-year franchise for five east side bus routes last Friday, to pay $184,000 in full settlement of all claims and liens against the Second Avenue Railroad Corporation.View Full Article in Timesmachine »

A version of this archives appears in print on March 1, 1933, on Page 19 of the New York edition with the headline: ROSOFF BUS TERMS ACCEPTED BY CITY; Deal on East Side Line Closed With $184,000 Settlement of Old Traction Taxes. $200,000 BOND DECLINED Contractor Offers Security as Proof of Readiness to Fulfill Contract. SERVICE BY MAY LIKELY Ride From Harlem to Battery for 5 Cents on Motorized Second Avenue Routes Promised. Order Reprints|Today's Paper|Subscribe